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Friday, 18 February 2011

Bonuses 'most effective' for staff retention

The most effective way of retaining staff, including those in sales jobs, is by offering bonuses, the latest research has suggested.

A report carried out by CBSButler and seen by the Recruiter showed that nearly two-thirds of managers believe that bonuses and reward-based pay are the best ways to keep staff onboard.

Meanwhile, 27 per cent think that pension schemes are the most effective way of holding on to employees, while not a single respondent though that gym memberships and lifestyle benefits were the best way to keep workers with the company.

David Leyshon, managing director of the firm, told the website he believes the best way to motivate staff, particularly in the recruitment sector, is through bonuses.

"However it is very important that managers do not put emphasis on rewarding only hard financial targets at the expense of other qualitative skills such as team work, managing change, problem solving and customer focus," he added.

It comes after a study carried out by the Recruitment and Employment Confederation as part of its February JobsOutlook, 94 per cent of companies will either increase or maintain their headcount this year.

For all of the latest sales industry news visit www.aaronwallis.co.uk. If you are looking to hire in your sales team Aaron Wallis offer the UK’s most inclusive sales recruitment service which includes skills testing, psychometrics and a 12 month rebate scheme as standard. For Sales Director jobs visit www.aaronwallis.co.uk.

Posted by John Oak and Wayne BlyADNFCR-1617-ID-800414559-ADNFCR

Source: The Sales Director News

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